ECO WAVE POWER LTD

Their core work

Eco Wave Power is an Israeli SME that develops wave energy conversion technology — physical systems that capture the motion of ocean waves and convert it into grid-connected electricity. Their core product attaches floaters to existing marine structures (piers, jetties, breakwaters) to minimize installation cost and avoid the engineering complexity of offshore platforms. Beyond hardware, they have expanded into the EU maritime digital economy by participating in ILIAD, a large-scale project building a digital twin of the ocean combining marine data streams, interactive simulation, and geospatial visualization. This dual presence — wave energy hardware on one side, ocean data infrastructure on the other — gives them an unusual cross-disciplinary footprint in the blue economy.

What they specialise in

How they've shifted over time

Their H2020 trajectory reveals a deliberate expansion from physical energy technology toward the digital ocean. In 2019, their sole focus was making wave power commercially viable — no digital or data keywords appear at all. By 2022, their participation in ILIAD introduced an entirely new vocabulary: digital twin of the ocean, immersive visualisation, geovisualisation, marine data, and interactive simulation. This is not a contradiction but a logical extension — a company that operates marine energy assets has genuine use for ocean digital twins and real-time marine data, and participation in ILIAD likely serves both their R&D intelligence needs and their market positioning in the broader blue economy.

They are moving from being a niche wave energy hardware company toward a broader blue economy player with capabilities spanning physical marine energy and digital ocean infrastructure — a positioning that fits the EU's Digital Blue Growth agenda well.

How they like to work

They have demonstrated both roles: as coordinator they led Wave Scale independently, which is typical of SME Instrument Phase 1 projects — self-directed feasibility work with no consortium. As a participant in ILIAD they joined a large, multi-country Innovation Action consortium, taking a specialist contributor role rather than a leadership one. The contrast is telling: they can operate autonomously on their core technology but they join large consortia when the goal is broader ecosystem integration rather than product development.

Despite only two projects, their consortium footprint is unusually broad — 60 unique partners across 20 countries, almost entirely attributable to ILIAD, which is one of the larger EU ocean data consortia. Their geographic network spans Europe and the Mediterranean, consistent with both their Israeli base and their focus on coastal and maritime applications.

What sets them apart

Eco Wave Power is one of the very few Israeli SMEs in H2020 with a commercially deployed wave energy product, giving them real-world operational data that pure research groups cannot offer. Their dual presence in energy hardware and ocean digital infrastructure is rare — most wave energy companies have no footprint in digital twin or marine data projects. For consortium builders in blue economy or maritime innovation projects, they bring an operator's perspective on real marine conditions, not just modelling expertise.

Highlights from their portfolio

• Wave Scale
  Self-coordinated SME Instrument feasibility study — rare for a non-European company to lead an H2020 SME-1 project, and it marks their entry into EU-funded innovation as the driver, not a partner.
• ILIAD
  Their largest EU project by funding (EUR 178,500) and the one that repositioned them inside the digital ocean ecosystem, connecting them to 60 partners across 20 countries through a flagship EU Innovation Action.